County Durham-based WL Distillery has announced plans to ramp up expansion with further investment and site acquisition after launching an equity fund through Take a Punt.
Three years after creating its first gin, the award-winning team is working with Take a Punt (TAP), which connects creators of ideas with independent, open-minded backers, who are prepared to take a punt on ideas, projects and people. TAP provides its clients with a range of services, resources and solutions via a subscribed community to either help get funding or present opportunities to invest in.
Scott Wilson-Laing, founder of WL Distillery, said: “The equity fund gives investors the opportunity to be part of our exciting distillery and to assist in developing our export growth strategy – especially in the US. It’s a really exciting time and a great opportunity for investors as we accelerate our growth strategy and focus on expansion.
“Throughout our growth journey we’ve had fantastic support from a range of businesses and individuals, and we are forever grateful for their support. The launch of the equity fund is a great way for people to continue to be a part of the journey and support the future growth of the distillery. We’ve made it as accessible as possible with investment opportunities from just £100, and we are really excited to see this launch assist in driving forward our ambitious plans.”
